No matter the situation, time of day or location – at a BBQ, at a bus stop, in a lift or on a plane – the first question I’m asked when people discover I work in finance is invariably the same: What’s going to happen to interest rates? They see I’m a woman in what’s traditionally a man’s gig but assume for a second that I have crystal balls.
a couple of weeks back – a 30-minute summary of thousands of pages, but within five minutes there was only one thing we all wanted to know: what would it mean for interest rates? Had the treasurer over-spent or were cuts still on the cards? Which leads me to perspective No.3 – that our economy is complex and challenging to navigate. We are seeing more onshoring and protectionism as both businesses and governments rethink global supply chains. Indeed,vision involves billions in government subsidy funds to produce vital things like solar cells locally rather than relying on China.